30
Nov
10:40
Saudi pipemaker lists on parallel market
Group Five Pipes Saudi (G5PS), one of the largest pipemakers in Saudi Arabia, has carried out an initial public offering on the “Nomu” parallel market, Kallanish notes.
Aldukheil Financial Group, which advised on the IPO, says in a stock exchange notice that the IPO has been completed. The offering for the total of 2,800,000 ordinary shares representing 10% of the pipemakers’ shares was fully subscribed.
The Nomu market runs parallel to Sau…
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Anonymous
Very good overview of the weekly steel market.
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